428 SW 37th StCape CoralFL33914
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Cape Coral at 428 SW 37th St, Cape Coral, FL, 33914 at $432,000 posts ROI 45.13% with $3,010/mo cash flow from $6,013/mo rent. Total monthly income equals $6,013/mo, and annual cash flow records $36,118/yr on $143,208 to close. Return on cash invested measures 45.13% and rental yield reads 16.7% at the current $432,000. Equity gained on principal adds $2,788/yr, and 5% annual appreciation supports $119,354 by year five. Five-year ROI prints 239.08% and total cumulative return in cash totals $342,379.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,013/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33914, Cape Coral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,617 (100%) |
| Owner Occupied HU | 15,704 (63.8%) |
| Renter Occupied HU | 4,294 (17.4%) |
| Vacant Housing Units | 4,619 (18.8%) |
| Median Home Value | $493,956 |
| Average Home Value | $575,796 |
Housing Distribution
Address Breakdown
Residential
23,857
Single Family
22,183
Multi-Family
1,674
Businesses
364
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Sivertsen • John R. Wood Properties
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #223087197
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.